My sister had $60,000 in student loans disappear. My grandpa had co-signed for her, and then he passed away a couple years later. Apparently loan companies take out life insurance policies on the people that take out a loan, and they were able to just cash in for the insurance when he passed.
My sister had $60,000 in student loans disappear. My grandpa had co-signed for her, and then he passed away a couple years later. Apparently loan companies take out life insurance policies on the people that take out a loan, and they were able to just cash in for the insurance when he passed.